In Dubai, SMEs represent 95 per cent of all establishments. As a place to set up a new business, the UAE scores highly. The country came in at number 21 out of 190 of the economies for ease of starting a business, according to the World Bank Doing Business …
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Dubai closes case on Indian actress, calls death an accident
“The case has now been closed,” the state-run Dubai Media office tweeted. Her family has been given permission to take her body back to India, officials said. Her death has been front-page news in India, where Bollywood stars command an almost mythical status.
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Dubai investigators say Indian actress Sridevi accidentally drowned, close case
The case has now been closed. — Dubai Media Office (@DXBMediaOffice) February 27, 2018 Her death has been front-page news in India, where Bollywood stars command an almost mythical status. Fans have been gathering in front of the Mumbai home of her …
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Warner Bros. World™ Abu Dhabi’s Gotham City Set to Thrill Guests
World™ Abu Dhabi, the world’s first-ever Warner Bros. branded indoor theme park, has unveiled details about one of its most anticipated lands, Gotham City. To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8279351 …
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UAE gold rates inch up on softer dollar
Dubai: Gold jewellery prices in the UAE have inched up slightly on the back of a softer US dollar and as the market awaits the testimony of the newly appointed chair of the US Federal Reserve. The price of 24-karat gold stood at Dh161 per gram as of 3.50pm …
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Sharjah, where cricket blossomed in the desert
Sharjah: As the third edition of Pakistan Super League (PSL) shifts to Sharjah from Wednesday, Gulf News takes you down memory lane to where it all started in the UAE — the historic Sharjah Cricket Stadium. The stadium is not just any other cricket …
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Sharjah Museums Authority introduces culture app
All the information you need is available in this app, including news about the latest international exhibitions taking place across Sharjah, fascinating cultural workshops, or the opening times of your favourite museum.” “The launch of this new app shows …
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Dubai to Riyadh: A guide to the MidEast bank stocks tipped to gain
Expectations of higher margins on lending, cross-border deals and potential inclusion in global equity benchmarks are some of the reasons banks are rising to the top of the list for Middle East stock investors and analysts. “Banks is where we go …
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Top 7 mistakes that Abu Dhabi taxi drivers make
Abu Dhabi: Taxi drivers are somewhat notorious on UAE roads, with mistakes ranging from reckless driving and talking on the phone, to sudden swerving and abrupt parking. While the issue of errant drivers have been addressed, with taxi drivers threatened …
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Revealed: the average expat salary in Dubai
Mumbai took the top spot for expat salaries – the average expat there earning $217,165. Marwan Hadi, head of Retail Banking and Wealth Management, HSBC, UAE, said: “It is not at all surprising to see that Dubai, and the UAE, continue to be the …
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Emirates Institute for Banking Studies Hosts 40 Emirati Alumni of Leadership Program
In line with the mandate of the Ministry of Human Resources and Emiratisation, the scheme provides training and educational opportunities to UAE nationals who will be the banking leaders of tomorrow. Sessions such as the one today – that brought together …
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UAE’s largest bank approves record cash dividend
First Abu Dhabi Bank (FAB), the UAE’s largest bank, approved the distribution of 70% cash dividends (AED 0.70 per share), as recommended in their annual results last month. FAB, the combination of National Bank of Abu Dhabi and First Gulf Bank, said its …
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Mideast Bank stocks tipped to gain
“Going into 2018, UAE banks screen most attractively relative to others from European, Middle East and African emerging markets,” said Hootan Yazhari, head of MENA and global frontier markets at Bank of America Merrill Lynch in Dubai. He expects …
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Dubai Islamic Bank : Kenya head-hunts for senior managers
Giant Gulf lender Dubai Islamic Bank’s (DIB) local subsidiary, DIB Bank Kenya, is hiring more senior managers seven months after its launch. The Upperhill-headquartered financier said in a notice it is seeking individuals for 15 senior positions …
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‘How Sterling Bank made my desire to be in Dubai a reality’
Sterling Bank Plc recently unveiled a new promo tagged 1dament to reward its new and existing customers during the last Christmas season and in the New Year. The promo, which kicked off in the first week of December 2017, will end in March 2018. Some of …
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Dubai Islamic Bank hosts AGM and agrees on cash dividends
The assembly also approved the bank’s 2017 financial statements. For the year 2017, DIB reported a net profit of AED 4.5 billion, an increase of 11 per cent compared to AED 4.05 billion in 2016. Other agenda items concluded at the AGM included the review …
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Dubai Islamic Bank : lists $1bln sukuk on Nasdaq Dubai
Dubai Islamic Bank (DIB) was declared to have raised USD1 billion in the listing of sukuk on Nasdaq Dubai. All sukuk of which Dubai’s exchanges have listed were revealed to have stood at an overall worth of USD53.47 billion. “2018 has once again seen DIB …
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